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Waterfront Commercial Land
For Sale
$550,000
Pending

Hwy 331, Freeport, FL 32439

Land, Freeport, FL

Property SizeContact for details
Lot Size4.53 Acres
Days on Market907

Property Features for Hwy 331

General Information

Property type Land
Property subtype Other
Zoning description County
Lot features Corner Lot
Elementary school Local School In County
Middle school LOCAL SCHOOL IN COUNTY
High school Local School In County
Directions Corner of Business 331 and Pope St
Standard status Pending
APN 031S19230000210000
Lot size 4.53 Acres

Taxes and HOA fees

Tax Description S2 OF S2 OF SW4 OF SE4 W OF ST RD 83 SEC 03-1S-19W OR 190-358 OR 3086-4335
Legal Description S2 OF S2 OF SW4 OF SE4 W OF ST RD 83 SEC 03-1S-19W OR 190-358 OR 3086-4335

Utilities

Sewer type Public Sewer
Water source Public
Water front features Waterfront
Listing Agency: Pinnacle Properties Gulf Coast LLC
Listed By: Rachel Tullier
Added: Apr 4, 2024 Changed: Sep 22 Last Checked: Sep 27 at 3:06AM
MLS# 643140

Copyright © 2026 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 4.53-acre commercial land parcel presents a flat, level site with a corner configuration and waterfront features. The property is designated within flood zone X and has access to public water and public sewer service.

The site is positioned in Freeport, Florida, and the available land area supports consideration of several commercial and residential development concepts identified for the property, including a retail strip center, office buildings, and multi-residential use. Its corner layout provides frontage along two roads, although the source information identifies those roads inconsistently.

Key Highlights

  • 4.53‑acre commercial land parcel
  • Corner configuration with frontage on two roads
  • Waterfront features

Property Analytics

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Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

50
Businesses Nearby

Demographics for 32439, FL

12,943
Population
6,772
Households
1.9
Avg Household Size
41
Median Age
30%
College-Educated
92%
High-School Grad
96.5 sq mi
ZIP Area
134
Density / Sq Mi
$77,500
Median Household Income
$40,358
Median Earnings
$1,657
Median Rent
$343,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Flat, level commercial acreage with public water and sewer service.
Where is this commercial land located?
The property is located at Hwy 331 Freeport, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 4.53‑acre commercial land parcel; Corner configuration with frontage on two roads; Waterfront features
More about this property
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